Jun 06, 2021 02:06 PM IST
Parliament in March cleared National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 to support the development of long-term non-recourse infrastructure financing in India, including the development of the bonds and derivatives markets necessary for infrastructure financing.
- Apr 30, 2021 05:54 PM IST
The schemes are devised under the guidance from Government of India which facilitates funding for production and services related to supply of oxygen cylinders, oxygen concentrators, oximeters and essential drugs, it said.
- Apr 06, 2021 07:24 PM IST
Ramann was serving as the MD & CEO, National E- Governance Services Ltd.
- Mar 02, 2021 07:55 PM IST
After exploring the feasibility of a debt capital platform, both the institutions will plan the next steps ahead "based on the market feedback" , NSE MD and CEO Vikram Limaye said.
- Jan 29, 2021 04:01 PM IST
India is now home to 38 unicorns, with at least 12 startups getting added to the list in 2020, says the survey.
- Jan 06, 2021 06:31 PM IST
The Bank of Baroda's new initiative will help the viable MSME entities having credit exposure up to Rs 25 crore, under which the restructuring of the borrower account has to be implemented by March 31, 2021.
- Jan 05, 2021 06:04 PM IST
Tata Power said easy financing has been one of the barriers for penetration of solar in the MSME sector.
- Nov 30, 2020 07:08 PM IST
MSMEs have been hit hard by the pandemic and many of these firms are on the verge of closure.
- Aug 10, 2020 08:41 PM IST
The objective is aimed at achieving a vibrant and synergised MSME (Micro, Small & Medium Enterprises) ecosystem in the state.
- May 22, 2020 02:15 PM IST
In order to provide greater flexibility to SIDBI in its operations, it has been decided to roll over the facility at the end of the 90th day for another period of 90 days.
- Apr 29, 2020 03:40 PM IST
This is a significant development as microlenders felt the earlier repayment rules were stringent considering the present operating environment.
- Apr 17, 2020 04:54 PM IST
In order to increase credit to farmers, MSMEs and housing sector, RBI announced a special refinance facility totalling Rs 50,000 crore for NABARD, SIDBI and the National Housing Bank, Sitharaman said.
- Apr 07, 2020 09:00 PM IST
SIDBI further said it has enhanced the loan limit for MSMEs to Rs 2 crore under its SAFE initiative.
- Mar 27, 2020 11:10 AM IST
The Sidbi Assistance to Facilitate Emergency (SAFE) response against coronavirus scheme will offer loans to MSEs at a fixed interest rate of 5 percent and with a maximum loan repayment tenure of five years.
- Jan 09, 2020 09:15 PM IST
The total outstanding credit of the commercial sector was Rs 65 lakh crore in the year ended September 2019, up 8.1 per cent, a multi-year low growth, as against 16.2 per cent in the year to December 2018, the quarterly report said.
- Sep 03, 2019 09:35 PM IST
The quarterly survey conducted with rating agency Crisil and released September 3, however, finds that small businesses, which are the largest job creators, are sanguine on employment.
- May 16, 2019 09:24 PM IST
For the full year, its profit after tax jumped 36.5 per cent to Rs 1,952.21 crore from Rs 1,429.21 crore in FY18 due to increased portfolio and reducing cost to income ratio.
- Sep 25, 2018 10:38 AM IST
SIDBI can file a case as soon as on Wednesday to seek repayments of all its deposits in IL&FS
- Jul 23, 2018 03:27 PM IST
The Department of Industrial Policy and Promotion (DIPP) is the monitoring agency, while Small Industries Development Bank of India (SIDBI) is the operating agency for the FFS.
- Apr 10, 2018 04:48 PM IST
The bank has tied up with Common Service Centre (CSC) to meet this objective, Sidbi Chairman and Managing Director Mohammad Mustafa told PTI.
- Apr 02, 2018 09:45 PM IST
A memorandum of understanding (MoU) was signed with The New India Assurance Co and two MSMEs were issued insurance policies, SIDBI said in a statement today.
- Nov 15, 2017 12:40 PM IST
The index will indicate the current state and expected outlook on the MSME sector every quarter
- Oct 10, 2017 03:52 PM IST
The present shareholders of Bandhan Bank, SIDBI, IFC and GIC of the Singaporean government were likely to take part in the maiden offering. Bandhan Bank, which started full-fledged banking operations in August 2016, were asked by RBI to come out with the IPO in three years from then, he told PTI.
- Sep 26, 2017 07:30 AM IST
The bank has sold 53,19,220 shares constituting 1 per cent of the paid up capital of Sidbi, IDBI Bank said in a regulatory filing.
- Aug 30, 2017 04:40 PM IST
Adityanath said that Rs 25 lakh will be given to universities and leading educational institutions to encourage students to take up self-employment through startup projects.